The Special Economic Zone Authority at Duqm (SEZAD) has awarded contracts totalling RO 705 million to date — a figure that is set to soar on the back of a plethora of new infrastructure and utility contracts due to be tendered out over the coming 12-plus months.
 

The year 2016 was a challenging one for Van Oord. Revenue decreased to an amount of EUR 1.71 billion (2015 EUR 2.58 billion) and net profits went down to EUR 90 million (2015: EUR 169 million)

NMDC Ltd, country’s largest iron ore producer and exporter in public sector, will be setting up an iron ore crushing plant and more downhill conveyor systems at its Bailadila Iron Ore Mines at its Kirandul Complex in Dantewada district which is a bastion of Leftist insurgents.

The Army Corps of Engineers will conduct emergency dredging operations along a stretch of the lower Kennebec River between Phippsburg and Bath.

The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible drilling rigs operating in the North Sea. Through the partnership with Wärtsilä, Songa Offshore ensures optimal performance and maximum availability of the Wärtsilä engines and thrusters on board the drilling rigs, which operate in extremely harsh conditions. This is possible with real-time knowledge of the actual condition of the equipment, provided by Wärtsilä’s digital offering.

Senator Lisa Murkowski said President Donald Trump is interested in opening up new coastal waters for oil and gas drilling and reversing Obama-era policies that restrict energy development in Alaska.

Royal Boskalis Westminster (Boskalis) will carry out dredging work to make room for a new offshore gas pipeline in Abu Dhabi.